Environmental protection will be checked for another 3 years, and cable materials will eventually rise!
Raw material prices are increasing slowly
In 2018, and I have been in the industry counts of various major industries. I also made a small combing of the market changes in the copper market in the past six months. I was surprised to find that despite the Sino-US trade war and the strike of the Chilean copper mine. The impact of the copper market is not blazing, but the recent market performance is stable, all the way slowly picking up.
In the past three quarters, the price of raw materials, copper, has been falling. From the beginning of the Shanghai period, the copper opened higher and lower, falling below 55,000 yuan / ton, the price has narrowed sharply; at the end of the first quarter, the Shanghai copper futures rose by three consecutive links, the final line averaged 50,000 yuan support; then, the Shanghai copper futures Living pressure, about 51,000 yuan / ton into July.
Today, although the price of copper has entered a new low, it has slowly increased at a low rate, and there has not been a big ups and downs, which is gradual.
The other main raw material aluminum market is not as outstanding as the copper.
On the macro side, US President Trump said he is prepared to impose tariffs on another $200 billion of Chinese imports as early as the end of the public consultation period this week. The market's worries about the escalation of the trade war continued, and the US dollar index rebounded for four consecutive days, putting pressure on the metal market.
Environmental protection or a major pusher
In the face of the downstream demand is not urgent, the raw material market has recently stabilized, one of the most important price increases behind the scenes is-----environmental protection.
In the near stage, domestic environmental inspections were rotated, from local self-examination to central inspection, and the scope of governance was from the ground to the high altitude. There was no dead angle in the gaseous, liquid, and solid state.
Environmental protection inspection for at least three years
It is required that by 2020, the concentration of cities with fine particulate matter not exceeding the standard level will be reduced by more than 18% compared with 2015, and the ratio of air quality at the prefecture level and above will be over 80%; the proportion of surface water I-III in the country will reach 70%. More than %, the proportion of inferior V water bodies is controlled within 5%.
In this context, at the end of September, the second batch of central environmental protection inspectors started to look back. The inspectors team successively stationed in 10 provinces (regions) including Hebei, Henan, Inner Mongolia, Ningxia, Heilongjiang, Jiangsu, Jiangxi, Guangdong, Guangxi, and Yunnan.
Environmental protection does not stop, price increases will come
Among them, Hebei, Henan, Inner Mongolia, Ningxia, Jiangsu, Guangxi and other places are widely distributed with important raw material production enterprises. A large part of these enterprises have been closely monitored by the environmental protection department for nearly two months. The problem of the decline in production caused by enterprises' production reduction is very prominent. It is not surprising that “things are rare”.
At the moment, the environmental protection investigation is still in progress. In the next few years, the environmental protection efforts and the long-term continuation of the time have not been questioned. The copper raw material industry will continue to be closely concerned by environmental protection, and the environmental protection and illegal costs of enterprises are becoming more and more high, can the price not rise?
